Herzliya, Israel, November 3rd 2009 – Aqwise, provider of advanced water and wastewater treatment solutions, was ranked first at the “Deloitte Technology Fast 50” competition for Israel 2009.
The Fast 50 program, ranking the 50 fastest growing Israeli technology companies over a period of five years, is one of the leading ranking programs in the world, and was held by Deloitte Brightman, Almagor, Zohar in Israel for the tenth year in a row.
Aqwise, which demonstrated impressive growing rates during the past five years, is the only cleantech company on the winners list, and the first cleantech company ever to win the first place.
This achievement comes alongside with the company's international expansion into new markets in Asia and South and Central America, as well as its continued efforts in developing new technological solutions for the global water and wastewater industry.
Elad Frenkel, CEO of Aqwise: "We are proud to be one of the 50 fastest growing Israeli companies – and moreover to be ranked first. It is an honor to be the first water technologies company being ranked so high.
I am sure we are bound to see many more cleantech companies on these lists in the near future. Last year's challenge was to continue to grow in a volatile business environment, without compromising on continued research and deveopment of new technologies. Dealing with a significnat slowdown in the major global markets required finding alternative growth markets and innovative business models."
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